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Downtown Rented Triplex
For Sale
Contact for pricing
Pending

217 W 2nd, Garrett, IN 46738

Three-unit triplex is fully rented, with recent updates to the units, and is offered sold as-is.

Property SizeContact for details
Days on Market144

Property Features for 217 W 2nd

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Jacob Wiederkehr · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 31 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This investment triplex includes three separate units, each currently rented. The property has had recent updates to the units, supporting continued income producing use.

The asset is located in downtown Garrett. The seller is offering the property as-is.

All three units are occupied at the time of sale, and the triplex configuration provides a straightforward, multi-unit residential income setup.

Key Highlights

  • Three‑unit triplex in downtown Garrett
  • All 3 units are currently rented
  • Recent updates to the units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 46738, IN

8,183
Population
3,756
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
90%
High-School Grad
26.0 sq mi
ZIP Area
315
Density / Sq Mi
$62,212
Median Household Income
$37,137
Median Earnings
$855
Median Rent
$156,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex is fully rented, with recent updates to the units, and is offered sold as-is.
Where is this triplex located?
The property is located at 217 W 2nd Garrett, IN.
What are key features of this property?
This property features: Three‑unit triplex in downtown Garrett; All 3 units are currently rented; Recent updates to the units
More about this property
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